YEAR vs. EMNT
Compare and contrast key facts about AB Ultra Short Income ETF (YEAR) and PIMCO Enhanced Short Maturity Active ESG ETF (EMNT).
YEAR and EMNT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YEAR is an actively managed fund by AllianceBernstein. It was launched on Sep 13, 2022. EMNT is an actively managed fund by PIMCO. It was launched on Dec 10, 2019.
Performance
YEAR vs. EMNT - Performance Comparison
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YEAR vs. EMNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
YEAR AB Ultra Short Income ETF | 0.66% | 4.69% | 5.41% | 5.85% | 1.10% |
EMNT PIMCO Enhanced Short Maturity Active ESG ETF | 0.97% | 4.74% | 5.79% | 5.84% | 0.50% |
Returns By Period
In the year-to-date period, YEAR achieves a 0.66% return, which is significantly lower than EMNT's 0.97% return.
YEAR
- 1D
- 0.09%
- 1M
- -0.01%
- YTD
- 0.66%
- 6M
- 1.70%
- 1Y
- 4.08%
- 3Y*
- 5.13%
- 5Y*
- —
- 10Y*
- —
EMNT
- 1D
- 0.05%
- 1M
- 0.24%
- YTD
- 0.97%
- 6M
- 2.04%
- 1Y
- 4.51%
- 3Y*
- 5.31%
- 5Y*
- 3.34%
- 10Y*
- —
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YEAR vs. EMNT - Expense Ratio Comparison
YEAR has a 0.25% expense ratio, which is higher than EMNT's 0.24% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
YEAR vs. EMNT — Risk / Return Rank
YEAR
EMNT
YEAR vs. EMNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Ultra Short Income ETF (YEAR) and PIMCO Enhanced Short Maturity Active ESG ETF (EMNT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| YEAR | EMNT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.72 | 11.02 | -6.30 |
Sortino ratioReturn per unit of downside risk | 8.76 | 23.01 | -14.24 |
Omega ratioGain probability vs. loss probability | 2.16 | 5.88 | -3.72 |
Calmar ratioReturn relative to maximum drawdown | 13.54 | 34.06 | -20.52 |
Martin ratioReturn relative to average drawdown | 61.59 | 226.92 | -165.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| YEAR | EMNT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.72 | 11.02 | -6.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 4.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 4.30 | 3.45 | +0.85 |
Correlation
The correlation between YEAR and EMNT is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
YEAR vs. EMNT - Dividend Comparison
YEAR's dividend yield for the trailing twelve months is around 4.27%, which matches EMNT's 4.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
YEAR AB Ultra Short Income ETF | 4.27% | 4.33% | 5.16% | 5.00% | 1.19% | 0.00% | 0.00% |
EMNT PIMCO Enhanced Short Maturity Active ESG ETF | 4.23% | 4.46% | 5.14% | 4.62% | 2.79% | 0.66% | 1.44% |
Drawdowns
YEAR vs. EMNT - Drawdown Comparison
The maximum YEAR drawdown since its inception was -0.61%, smaller than the maximum EMNT drawdown of -2.28%. Use the drawdown chart below to compare losses from any high point for YEAR and EMNT.
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Drawdown Indicators
| YEAR | EMNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.61% | -2.28% | +1.67% |
Max Drawdown (1Y)Largest decline over 1 year | -0.30% | -0.13% | -0.17% |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.70% | — |
Current DrawdownCurrent decline from peak | -0.01% | 0.00% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -0.06% | -0.24% | +0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.02% | +0.05% |
Volatility
YEAR vs. EMNT - Volatility Comparison
AB Ultra Short Income ETF (YEAR) and PIMCO Enhanced Short Maturity Active ESG ETF (EMNT) have volatilities of 0.24% and 0.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YEAR | EMNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.24% | 0.24% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 0.50% | 0.29% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.87% | 0.41% | +0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.17% | 0.82% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.17% | 0.87% | +0.30% |